Ocean Yield AS

Ocean Yield is a ship-owning company with investments in vessels on long-term charters. They focus on modern assets with long-term charters to creditworthy counterparties, ensuring strong visibility and future earnings. Established in 2012 and listed on the Oslo Stock Exchange in 2013, Ocean Yield was acquired by funds advised by Kohlberg Kravis Roberts & Co. L.P. in 2021. Their strategy is to invest in modern, fuel-efficient vessels, resulting in a young fleet with an average age of about five years. This focus on sustainability and long-term contracts has allowed Ocean Yield to build a significant contract backlog that supports their commitment to providing stable and attractive dividends to shareholders.

Ocean Yield's core values are designed to foster a corporate culture of delivering excellent results in a responsible manner. They aim to do business with counterparts in the maritime industry who operate ethically, socially, and environmentally responsibly. Ocean Yield prioritizes high ethical standards and is committed to a diverse and inclusive workplace free from harassment or discrimination. They also have an established integrity channel for employees and others to raise concerns about improper activities or misconduct. This channel is handled by an independent third party to ensure confidentiality and prevent retaliation.

Ocean Yield is a ship-owning company that invests in vessels on long-term charters, focusing on modern assets with long-term charters to creditworthy counterparties. The company's strategy is to generate stable earnings and increasing quarterly dividends for shareholders by entering into long-term contracts with solid counterparties. Ocean Yield prioritizes environmental responsibility, investing in fuel-efficient vessels with eco-design wherever possible, resulting in a young fleet with an average age of around 5 years.

Ocean Yield promotes a culture of integrity and responsibility, emphasizing ethical behavior and high standards in all aspects of its business. They are focused on building a stimulating and inclusive workplace where diversity is valued and all employees have the opportunity to develop their skills and talents. Their Code of Conduct emphasizes respect, fair treatment, and safeguarding of company assets while promoting transparency and open communication with stakeholders.

Ocean Yield promotes a diverse and inclusive working environment where every employee has the opportunity to develop their skills and talents regardless of age, gender, sexual orientation, disability, race, nationality, political opinions, religion or ethnic background. The company prohibits discrimination and harassment in any form and encourages a workplace where diversity is valued.